Regulation 15 Amendment of regulation 64 (Treasury licences)

Regulation 64(2) is amended as follows.

After sub-paragraph (a) insert—

“(aza)

in the case of acts which would otherwise be prohibited by regulations 11 to 15, 16, 17, 17A, 18A and 18C, where the Treasury consider that it is appropriate to issue the licence for a purpose set out in Part 1ZA of Schedule 5;”.

In sub-paragraph (ac), omit “sterling”.